VW, Ford to collaborate on trucks, look forward to EVs, self-driving cars

Volkswagen and Ford

Volkswagen and Ford Motor stated on Tuesday they will join forces on commercial vans and pickups and are looking forward to joint development of electric and self-driving technology, actions supposed to save the automakers billions of dollars. Ford and VW declared their partnership against the backdrop of the Detroit auto show. The tie-up, which begins […]

Tokyo court rejects Nissan Ghosn’s recent bail request

Carlos Ghosn Renault-Nissan

The Tokyo District Court on Tuesday rejected former Nissan Motor Chairman Carlos Ghosn’s request for release on bail following his indictment last week on two recent charges, making it possible the once-feted executive remains jailed for months. Lawyers for Ghosn have appealed the decision and could get a response under the next day. Ghosn awaits […]

Volkswagen could face recall of more cars over emissions

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Germany’s Federal Motor Transport Authority (KBA) is thinking about recalling more Volkswagen cars because of its emissions, scandal, the Bild am Sonntag newspaper reported on Sunday. The KBA has started an investigation into whether a software update for 1.2-litre engine cars, consisting of the popular Polo, allowed them to cheat emissions tests, the newspaper stated, […]

Nissan broadens Ghosn investigation to more nations, executive Munoz under scrutiny

Nissan Motor logo

Nissan Motor has expanded its investigation into ousted chairman Carlos Ghosn to consist dealings that occurred in the United States, India and Latin America, three people with information of the inquiry stated. In one aspect of their internal investigation, company investigators are looking into decisions made in the United States by Jose Munoz who led […]

Nissan board reassures alliance with Renault and Mitsubishi

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

Nissan’s board remains committed to the automaker’s alliance with Renault and Mitsubishi Motors, it stated after directors met to talk about the ongoing investigation into former chairman Carlos Ghosn and ways to strengthen governance. A board statement after Thursday’s meeting included that it also decided on an interim process to figure out executive remuneration and […]

South Korea ministry to file complaint against BMW for ‘delayed’ response

bmw 520d

South Korea’s transport ministry stated it would lodge a complaint against German luxury automaker BMW with prosecutors for supposedly delaying recalls and concealing problems that resulted in several engine fires in the country this year. The ministry also fined BMW 11.2 billion won ($9.96 million) for “delayed recalls”. A faulty exhaust treatment system in BMW […]

Hyundai observes Russia auto market growth slowing in next year

Hyundai i10 images

South Korea-based automaker Hyundai Motor expects growth in the Russian auto market to reduce significantly in 2019, the head of its Russian branch said on Monday. Automakers have warned Russia’s strategy to raise value added tax in next year would hit vehicle sales, which have recently just started to recover from four years of stagnation. […]

Volkswagen to write off investment in Gett

gett logo

German automaker Volkswagen is going to write off its investment in Gett after the Israel-based ride hailing app failed to achieve ground on bigger competitors Uber, Lyft and Didi, weekly Der Spiegel reported on Friday. Volkswagen spent $300 million in Gett in 2016, saying it intended for on-demand mobility services such as smartphone ride hailing […]

Tokyo court declines prosecutors’ appeal against decision not to extend Ghosn’s detention

Carlos Ghosn Renault-Nissan

A Tokyo court upheld a decision that refused to extend the detention of former Nissan Motor Chairman Carlos Ghosn and former Representative Director Greg Kelly, public broadcaster NHK stated on Thursday, a move that brings them nearer to a release on bail. The court turned prosecutors’ appeal against the original decision. Ghosn and Kelly were […]

Nissan CEO meets Renault’s acting boss

Renault-Nissan logo

Nissan Motor on Thursday stated CEO Hiroto Saikawa had held a one-on-one meeting with the acting boss of its partner Renault during talks between the alliance that took place in Amsterdam this week. Nissan stated that Saikawa characterized the discussion with Renault Deputy CEO Thierry Bollore as “positive” and “productive”. The Japanese automaker was ready […]